War Fails to Dent Malaysian Shipper’s IPO, Expansion Plans

MTT Xu May container ship.Source: MTT Shipping and Logistics Bhd.

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By Ram Anand

March 31, 2026 at 11:00 PM UTC

Updated on

April 1, 2026 at 6:11 AM UTC

MTT Shipping and Logistics Bhd. is forging ahead with expansion plans and an April IPO, shrugging off disruptions from the Middle East war as cargo volumes hold steady.

“Our ships are still full,” Ooi Lean Hin, managing director of Malaysia’s largest container shipping operator, said in a Monday interview.